HuHot Mongolian Grill vs Gimme Sum Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of HuHot Mongolian Grill vs Gimme Sum including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
HuHot Mongolian Grill Franchise
Gimme Sum Franchise
Investment $984,000 - $1,219,000$273,000 - $345,000
Franchise Fee $40,000N/A
Royalty Fee 5%-
Advertising Fee 0.5%-
Year Founded 19992003
Year Franchised 20012004
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements

 
HuHot Mongolian Grill Franchise
Gimme Sum Franchise
Experience

# Have a proven track record of business ownership & restaurant ownership that can contribute to the development of our brand

# Have local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution issues in the area in which you'll be franchising

# Have access to adequate capital

# Philosophically aligned

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Financing Options

 
HuHot Mongolian Grill Franchise
Gimme Sum Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
HuHot Mongolian Grill Franchise
Gimme Sum Franchise
Training --
Support Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Co-op advertising, Ad slicks, Regional advertising-
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 50

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

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Expansion Plans

 
HuHot Mongolian Grill Franchise
Gimme Sum Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About HuHot Mongolian Grill

HuHot Mongolian Grills, L.L.C. started with a Mongolian BBQ grill called Mongos Mongolian Grill in Missoula, Montana in June 1999. Since then, the concept has proven to be very successful and the company plans to rapidly expand. The name HuHot (the ancient capital of inner-Mongolia) was chosen for future and franchised restaurants. It’s trampling old notions of full-service dining. Warming lamps and steam tables lie smashed in its wake. At HuHot, diners customize their own meals by choosing from dozens of fresh vegetables, meats, noodles and sauces.

About Gimme Sum

NO LONGER FRANCHISING